Post
Topic
Board Altcoin Discussion
Re: It’s crazy to take loan to invest in crypto?
by
RussianEnglishTranslation
on 01/09/2021, 06:53:16 UTC
What do you think of taking loan to invest in crypto? What's your input? Have any of you done this already? Isn't this crazy?
I can’t understand why people taking loan to invest in crypto.There are so many low cost NFT project(https://t.me/emit_protocol), if you haven’t money, you can select some NFT project to spend your time not money for it.If you do not have the ability to analyze the market and trading skills,you can’t win just by gambling or guessing.The more money you put in,more you will lose.
You are talking about taking loans backed by your NFTs? It sounds risky because the value of NFTs are not stable. I suggest using something like AAVE instead, it's on nearly every blockchain and coming to Celo and NEAR next.